June 1, 2026  l  Sign Me Up

Hi folks! Here’s a look at the cannabis industry today.
 
But first ...

Access past editions of the MJBiz Factbook dating back to 2013 – packed with market forecasts, revenue data, investment trends, retail insights and historical analysis that tracks the evolution of

the cannabis industry.

Perfect for operators, investors and decision-makers looking for context beyond the headlines.

Explore the Factbook archive.

F E A T U R E D  S T O R Y

New York medical cannabis operators owe the state millions they claim they can’t afford

New York’s surviving medical cannabis operators want to get out of paying a $15 million “conversion fee” that’s supposed to be required to enter the state’s rapidly growing adult-use marijuana market. Four major multistate operators with vertically integrated medical licenses, called “registered organizations” (RO), have submitted partial payments and are serving to adult-use customers. However, they are pleading for a break, claiming that current market conditions render the fee – set at a time when cannabis company valuations were at an all-time high and before medical cannabis customers fled to adult-use – far too high to be feasible. Read story >

Advertisement

More Headlines

• California cannabis sales dip slightly again in first quarter of 2026. Read story >
• Cannabis payments are facing a reckoning as workarounds disappear. Read story >
• Minnesota merges medical and adult-use cannabis supply chains. Read story >
• Cannabis MSO sells off Massachusetts retail permit ‘on the low side’ for $1 million. Read story >

F A C T B O O K  

Advertisement

R E S O U R C E S

MJBizDaily is the leading resource for the cannabis industry, cited by The Wall Street Journal, Forbes and Harvard Business Review. MJBiz also produces the No. 1 cannabis business conference, MJBizCon.

Share MJBizDaily

Forward this email to friends and colleagues to keep them on the up and up with the latest cannabis business news and insights from MJBiz.

MJBizCon 2026

Dec. 1-4, 2026  l  Las Vegas  |  Learn More